"M&A Boom Drives Surge in Bond Market Deals"

Investor demand for corporate bonds has surged, with about $50 billion of bonds sold in the past two weeks to finance acquisitions and spinoffs, marking a steep surge in M&A financing after the slowest year for dealmaking in a decade. US corporate investment-grade bond sales are set to surpass $60 billion for the first time in nearly two years, with some $276 billion of pending M&A activity potentially needing financing.